Mon, 29 Oct 2012 14:47:56 GMT
Cable lower on Greece concerns
On Monday, the Cable was traded lower versus the greenback, as trader sentiment was driven by worries over Spain and Greece. GBP/USD hit a session low of 1.6031, and later consolidated at 1.6036, which was a 0.42% fall for the European afternoon trade. The pair's support was likely to be at 1.5989, while the resistance was prone to be at